Leo Global (Thailand) Market Value
| LEO Stock | THB 2.90 0.10 3.33% |
| Symbol | Leo |
Leo Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Leo Global's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Leo Global.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Leo Global on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Leo Global Logistics or generate 0.0% return on investment in Leo Global over 720 days. Leo Global is related to or competes with Kerry Express, Triple I, WICE Logistics, Sonic Interfreight. LEO Global Logistics Public Company Limited, through its subsidiaries, provides international freight forwarding and int... More
Leo Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Leo Global's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Leo Global Logistics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 10.37 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 2.13 |
Leo Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leo Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leo Global's standard deviation. In reality, there are many statistical measures that can use Leo Global historical prices to predict the future Leo Global's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | 1.6 |
Leo Global Logistics Backtested Returns
Leo Global Logistics has Sharpe Ratio of -0.37, which conveys that the firm had a -0.37% return per unit of risk over the last 3 months. Leo Global exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leo Global's Risk Adjusted Performance of (0.22), standard deviation of 1.7, and Mean Deviation of 1.23 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Leo Global are expected to decrease at a much lower rate. During the bear market, Leo Global is likely to outperform the market. At this point, Leo Global Logistics has a negative expected return of -0.61%. Please make sure to verify Leo Global's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Leo Global Logistics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Leo Global Logistics has good predictability. Overlapping area represents the amount of predictability between Leo Global time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Leo Global Logistics price movement. The serial correlation of 0.73 indicates that around 73.0% of current Leo Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Leo Global Logistics lagged returns against current returns
Autocorrelation, which is Leo Global stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Leo Global's stock expected returns. We can calculate the autocorrelation of Leo Global returns to help us make a trade decision. For example, suppose you find that Leo Global has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Leo Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Leo Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leo Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leo Global stock over time.
Current vs Lagged Prices |
| Timeline |
Leo Global Lagged Returns
When evaluating Leo Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leo Global stock have on its future price. Leo Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Leo Global autocorrelation shows the relationship between Leo Global stock current value and its past values and can show if there is a momentum factor associated with investing in Leo Global Logistics.
Regressed Prices |
| Timeline |
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Leo Global financial ratios help investors to determine whether Leo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Leo with respect to the benefits of owning Leo Global security.